Sector: N/A | Industry: N/A |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1717 Main Street, Suite 2000 DALLAS TX 75201 |
Tel: | N/A |
Website: | https://www.invitationhomes.com |
IR: | See website |
Key People | ||
Charles D. Young President, Chief Operating Officer | Angie Luna Senior Vice President - Operations Support | Dallas B. Tanner Chief Executive Officer, Director |
Jonathan Olsen Chief Financial Officer, Executive Vice President, Treasurer | Allison Mullis Chief Human Resource Officer, Executive Vice President | Scott G. Eisen Executive Vice President, Chief Investment Officer |
Mark A. Solls Executive Vice President, Chief Legal Officer, Secretary | Scott Mclaughlin Senior Vice President - Investor Relations Tax | David Ayers Senior Vice President - Engineering | Ryan Judge Senior Vice President - Technology Management and Data |
Business Overview |
Invitation Homes Inc. is a real estate investment trust that conducts its operations through Invitation Homes Operating Partnership LP (INVH LP). INVH LP is engaged in owning, renovating, leasing, and operating single-family residential properties. Through THR Property Management L.P., a subsidiary of INVH LP, and its wholly owned subsidiaries (collectively, the Manager), it provides all management and other administrative services. The Manager provides professional property and asset management services to portfolio owners of single-family homes for lease. It has a vertically integrated operating platform that enables the Company to acquire, renovate, lease, maintain, and manage both the homes it owns and those it manages on behalf of others. Its business activity includes property operations, marketing and leasing, digital marketing initiatives and branding, resident relations and property maintenance, and investment and asset management. It has approximately 85,000 homes for lease. |
Financial Overview |
For the fiscal year ended 31 December 2023, Invitation Homes Inc revenues increased 9% to $2.43B. Net income applicable to common stockholders increased 36% to $518.8M. Revenues reflect Funds from Operations - Per Share - Dilu increase of 9% to $1.64, Management fee revenues increase of 19% to $13.6M. Net income benefited from Net Operating Income (NOI) - Total increase of 7% to $1.54B. |
Employees: | 1,555 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $28,821M as of Dec 31, 2023 |
Annual revenue (TTM): | $2,432M as of Dec 31, 2023 |
EBITDA (TTM): | $1,377M as of Dec 31, 2023 |
Net annual income (TTM): | $518.77M as of Dec 31, 2023 |
Free cash flow (TTM): | -$721.81M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $7,849M as of Dec 31, 2023 |
Shares outstanding: | 611,958,239 as of Feb 20, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |